Lao Securities Exchange
|Lao Securities Exchange|
|Founded||11 January 2011|
|Key people||Dethphouvang Moularat Chairman|
|No. of listings||4|
|Volume||2.14 billion kip ($265,000) First day|
In 2010, the Lao government sought technical and financial support from South Korea (Korea Exchange has a 49-percent stake in the LSX), as well as advice from neighbouring Thailand, to help build the exchange.
There are currently four listed companies on the stock exchange: - EDL Generation-Public Company, which is a subsidiary of the state owned energy company, Electricite du Laos, Banque Pour Le Commerce Exterieur Lao (BCEL), the largest bank in Laos, Lao World, a property service company and Petroleum Trading Lao PCL.